EU, Russian Leaders Switch On Nord Stream Pipeline

Leaders switch on Nord Stream Pipeline

LUBMIN, Germany (Press TV)—Leaders from across the EU were in Lubmin on Germany’s Baltic coast on Tuesday to celebrate the switch-on of a new gas supply route from Russia to Europe.

The pipeline was four years in the planning and took one and a half years to build. The Nord Stream project is aimed at bringing a degree of security to Europe’s energy supply.

“With Nord Stream gas from Russia and the electricity generated from it, it will contribute towards the reliable energy supplies for European consumers. So, we will strengthen the energy reliability in Europe and make life much more pleasant for many people in Europe,” explained Russian President Dmitri Medvedev at the ceremony.

Politicians believe the 1,200 kilometre pipeline under the Baltic Sea, which cost 7.3 billion euros ($10.3 billion), will also strengthen ties with Russia.

“With this project we show – in the presence of so many representatives from European countries – that we are going to rely on a secure and resilient partnership with Russia in the future,” said German Chancellor, Angela Merkel.

Nord Stream is a joint project with Russian energy company Gazprom the main share holder, followed by Germany’s Wintershall. Dutch and French companies are also involved.

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4 Comments

  1. վազգէն said:

    Nabucco
    Va, pensiero
    Fly, thought, on wings of gold;
    go settle upon the slopes and the hills,
    where, soft and mild, the sweet airs
    of our native land smell fragrant!

    Eat your heart out «Sultan» Regeb Taib Erdogan and Aliyev!

  2. Norin Radd said:

    This may stall Nabucco, but it’s not enough to kill it, Nabucco must be put down and never see the light of day.

  3. Murat said:

    Nothing will stall Nabucco. Europeans are not out of their mind to put all eggs in one basket.

  4. John Minassian said:

    The most important Azeri target in the NKR is the Mardakert region because it has oil deposits. NKR forces need to put in thick anti-tank mine fields at the line of contact in the Mardakert region. It is important to note that the 2 major skirmishes in 2008 and 2009 occured in the Mardakert region because the Azeris want to test Armenian defenses and their primary goal is to take Mardakert for it’s oil. Member of the Armenian National Assembly Larisa Alaverdyan stated that the Maragha massacre (which is a town in Mardakert region ) occured because the Azeris wanted to kill off the Armenians to get their hands on . Oil towers were located few kiliometers from the village of Maragha ( http://aisor.am/en/news/2010/10/21/maragha/?sw.html.){http://www.panarmenian.net/eng/politics/news/66841/.html)

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